During the Current Year,Campbell Corporation Receives Dividend Income of $40,000

Multiple Choice

During the current year,Campbell Corporation receives dividend income of $40,000 from a 5%-owned domestic corporation.What is Campbell's maximum allowable dividend-received deduction for the current year?

A) $- 0 -
B) $28,000
C) $32,000
D) $36,000
E) $40,000